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Lorena Marianela
Lorena lives in Las Orquídeas (The Orchids). She is 37 years old. She is a widow and has three grown children. As a result of becoming a widow, she decided to look for work so that she could continue paying for the education of her children. Since she was not offered work by any of the businesses where she looked, she decided to save up money to be able to open her own small store. Her business has grown little by little and now has the necessary clientele. Lorena works everyday, starting in the morning. She will use the loan to buy sodas, lettuce and other things. Her goals are to continue working and to make improvements on her home.
View original language description ↓
Lorena vive en las orquídeas. Tiene 37 años. Es viuda y tiene tres hijos menores de edad. Ella a raíz de su viudez tomo la decisión de buscar trabajo para seguir adelante con los estudios de sus hijos. Como nadie le daba la oportunidad de trabajar en una empresa. Ella decide juntar dinero que tenia para dar apertura a su negocio es tienda En la actualidad su negocio poco a poco han ido creciendo hasta llegar a tener clientela necesaria Lorena trabaja diariamente desde la mañana . Con el préstamo el comprara, colas, lechugas, varios, etc. su meta es seguir trabajando y mejorar su casa

Additional Information

About Banco D-MIRO

Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.

About Ecuador

  • $10,200
    Average annual income
  • 34
    View loans »
    Ecuador Loans Fundraising
  • $23,216,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Lorena Marianela to buy soft drinks, lettuce and other things.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2012
Listed
Jan 14, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 18, 2014